3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for International Flavors & Fragrances
Our trading algorithm values International Flavors & Fragrances (IFF) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $89.65 |
| 60 Day Prediction | $86.29 |
| 60 Day Pred - Lower Bound | $78.3 |
| 60 Day Pred - Upper Bound | $94.28 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.069 * nr_days_in_the_future + 88.373
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
IFF traded at $89.65 this Tuesday October 18th, gaining since last week.
Looking back, over the last month, IFF has been loosing $-9.5 or -10.6 percent.
Over the last year, it has been loosing $-56.2 or -62.69 percent.
Seasonality of International Flavors & Fragrances
Using our AI model, we have been analyzing the value change for International Flavors & Fragrances depending on the day or month of a year. This can be seen in the following graph:
